Welcome to the highly desirable Derby Lofts! Offering young construction (2003) loft living in the heart of historic Salem, with dozens of restaurants, shops & historic sites just outside your door. This nicely updated 2 Bedroom, 2 Full Bath unit offers a wide open floor plan with 12' ceilings, huge windows & wonderful natural light. Kitchen boasts GAS cooking, granite counters, young appliances and plenty of quality cabinets. It opens nicely to the spacious Dining & Living Rooms, perfect for either large gatherings or quiet evenings at home. Both Bedrooms boast the same soaring ceilings, oversized windows & their own Bathrooms. EXCELLENT closet space, including a large walk-in closet & oversized in-unit laundry room. Additional amenities include: new Navien tankless hot water (1.5 +/- yrs), brand new dishwasher, new garbage disposal, new Fridge & Microwave (2yrs +/-) and new vanity & floor in Main Bath. Easy access to the Train, Ferry & Waterfront, this is truly a real gem!!!
Sold for $540,000
$540,000
51 Lafayette St Unit 307, Salem, MA 01970
2beds
1,527sqft
Condominium
Built in 2003
-- sqft lot
$586,600 Zestimate®
$354/sqft
$3,689 Estimated rent
Home value
$586,600
$557,000 - $616,000
$3,689/mo
Zestimate® history
Owner options
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$3,797/mo
Est. payment
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$3,797/mo
Est. payment
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List your homeWhat's special
Soaring ceilingsWide open floor planOversized windowsYoung appliancesHistoric sitesSpacious diningGranite counters
Zillow last checked:
Listing updated:
Listed by:
Angie's Home Team 617-538-6454,
North Star Realtors LLC 781-587-2942,
Angie Sciarappa 617-538-6454
Bought with:
Melissa Weinand
The Proper Nest Real Estate
Source: MLS PIN,MLS#: 73149437
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Bathroom - Full, Walk-In Closet(s), Flooring - Wood
- Level: First
Bedroom 2
- Features: Flooring - Wood
- Level: First
Primary bathroom
- Features: Yes
Bathroom 1
- Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
- Level: First
Bathroom 2
- Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
- Level: First
Dining room
- Features: Flooring - Wood, Open Floorplan
- Level: First
Kitchen
- Features: Flooring - Wood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Open Floorplan, Stainless Steel Appliances
- Level: First
Living room
- Features: Flooring - Wood, Open Floorplan
- Level: First
Heating
- Forced Air, Natural Gas, Individual, Unit Control
Cooling
- Central Air, Individual, Unit Control
Appliances
- Included: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
- Laundry: First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Wood, Tile, Vinyl
- Windows: Insulated Windows
- Basement: None
- Has fireplace: No
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 1,527
- Total interior livable area: 1,527 sqft
Property
Parking
- Total spaces: 1
- Parking features: Leased
- Uncovered spaces: 1
Features
- Entry location: Unit Placement(Upper)
- Waterfront features: Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Details
- Parcel number: M:34 L:0485 S:818,4656142
- Zoning: B5
- Other equipment: Intercom
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Brick, Stone
Condition
- Year built: 2003
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
Green energy
- Energy efficient items: Thermostat
Community & HOA
Community
- Features: Public Transportation, Shopping, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Marina, Private School, Public School, T-Station, University
- Security: Intercom, Security Gate
HOA
- Amenities included: Elevator(s)
- Services included: Water, Sewer, Insurance, Security, Maintenance Structure, Snow Removal, Trash, Reserve Funds
- HOA fee: $448 monthly
Location
- Region: Salem
Financial & listing details
- Price per square foot: $354/sqft
- Tax assessed value: $459,100
- Annual tax amount: $5,743
- Date on market: 1/4/2026
Price history
| Date | Event | Price |
|---|---|---|
| 9/21/2023 | Sold | $540,000$354/sqft |
Source: MLS PIN #73149437 Report a problem | ||
| 8/24/2023 | Contingent | $540,000$354/sqft |
Source: MLS PIN #73149437 Report a problem | ||
| 8/17/2023 | Listed for sale | $540,000$354/sqft |
Source: MLS PIN #73149437 Report a problem | ||
| 7/27/2023 | Listing removed | $540,000$354/sqft |
Source: MLS PIN #73112344 Report a problem | ||
| 5/17/2023 | Listed for sale | $540,000+56.5%$354/sqft |
Source: MLS PIN #73112344 Report a problem | ||
| 6/30/2015 | Sold | $345,000-4.1%$226/sqft |
Source: Public Record Report a problem | ||
| 3/13/2015 | Listed for sale | $359,900-5.3%$236/sqft |
Source: Harbor Rental & Realty Report a problem | ||
| 3/30/2006 | Sold | $379,900$249/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,710 +3.3% | $503,500 +5.9% |
| 2024 | $5,525 -3.8% | $475,500 +3.6% |
| 2023 | $5,743 | $459,100 |
| 2022 | $5,743 +5.5% | $459,100 +16.4% |
| 2021 | $5,443 -4.4% | $394,400 +0.1% |
| 2020 | $5,692 +2.1% | $393,900 +6.7% |
| 2019 | $5,576 +6.7% | $369,300 +8.7% |
| 2018 | $5,225 +1.9% | $339,700 +5% |
| 2017 | $5,129 +4.7% | $323,400 +3.5% |
| 2016 | $4,897 +7.4% | $312,500 +12.5% |
| 2015 | $4,560 +13.3% | $277,900 +15.6% |
| 2014 | $4,024 -4.7% | $240,500 -11% |
| 2012 | $4,223 -3.6% | $270,200 -7.2% |
| 2011 | $4,381 -1.4% | $291,100 -8.3% |
| 2010 | $4,445 -1.5% | $317,300 -9.2% |
| 2009 | $4,514 +5.4% | $349,400 -4.8% |
| 2008 | $4,283 +5.8% | $367,000 -2.4% |
| 2007 | $4,048 | $375,900 |
Find assessor info on the county website
Neighborhood: 01970
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Nearby schools
GreatSchools rating
- 5/10Saltonstall SchoolGrades: K-8Distance: 0.4 mi
- NASalem Prep High SchoolGrades: 9-12Distance: 0.2 mi
- 6/10Collins Middle SchoolGrades: 6-8Distance: 0.7 mi
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Estimated market value
$586,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$586,600
- Massachusetts
- Essex County
- Salem
- 01970
- 51 Lafayette St Unit 307
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